Industry News, Ink Manufacturers News, Price Increases

Siegwerk Announces Further Price Increases

Driven by continued raw materal cost increases

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Due to continued raw material cost increases Siegwerk will raise prices in all customer segments on average 8 percent and in some segments up to 25 percent. “Higher raw material prices have such a big impact on our business that we have to pass on some of these costs to our customers,” said CEO Herbert Forker. “We work hard to offset as much of the additional cost as we reasonably can; productivity programs, search for cheaper raw material solutions, purchasing efforts and efficiency measures...

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